Why is Uma Converter falling/rising?

Sep 22 2025 11:32 PM IST
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As of 22-Sep, Uma Converter Ltd's stock price is Rs 24.05, down 1.84%, with mixed short-term performance but a significant year-to-date decline of -21.28%. Despite recent increases in investor participation, the stock has underperformed compared to the broader market.
As of 22-Sep, Uma Converter Ltd's stock price is currently at Rs 24.05, reflecting a decrease of Rs 0.45 or 1.84%. The stock has recently shown mixed performance, with a 1-week return of +2.34% and a 1-month return of +1.26%, indicating some short-term strength. However, it has significantly underperformed over the year, with a year-to-date decline of -21.28% and a one-year drop of -39.34%. Today's price summary indicates that the stock is 3.95% away from its 52-week low and has underperformed its sector by -1.19%. While the stock is trading higher than its 5-day and 20-day moving averages, it remains below its longer-term moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 92.31% against the 5-day average, suggesting growing interest despite the current price decline. There is no information available regarding positive or negative factors impacting the stock.

Broader market context shows that while Uma Converter Ltd has experienced a short-term gain, it has not kept pace with the broader market, as indicated by the Sensex's 1-week return of +0.53%. The stock's performance over the year contrasts sharply with the Sensex, which has gained 6.59% year-to-date. This disparity highlights the challenges Uma Converter faces in attracting investor confidence compared to the overall market, contributing to its recent price decline.
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